Pacific Economic Monitor: July 2014 - Midyear Review

This issue of the Pacific Economic Monitor updates the 2014 and 2015 GDP growth and inflation projections for ADB's Pacific developing member countries, from those presented earlier in Asian Development Outlook 2014.

The policy briefs in this issue explore the Pacific region’s job creation challenges; highlighting important characteristics of labor markets across the diverse economies of the region and discussing policy options for expanding job creation.

Contents

Highlights

The economic setting

Country updates

Policy briefs: The Pacific's employment challenges

Realizing job needs across the Pacific

Informal sector growth and employment

The role of the public sector in meeting Pacific employment challenges

Timor-Leste: Highlights of 2013 Labor Force Survey

Incentives for labor adjustments: The case of the Federated States of Micronesia

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